Madhya Pradesh CM Mohan Yadav highlighted India’s robust economic growth, stating that the country has rapidly advanced to become the world’s fourth-largest economy. At an investor interaction in Ludhiana, he praised the city as India’s “Manchester,” crediting local industrialists for creating globally recognized brands such as A-One and Hero Cycles through their perseverance.
Calling Punjab’s entrepreneurs key drivers of India’s prosperity, CM Mohan Yadav revealed that the Ludhiana meet generated investment proposals worth ₹15,606 crore, expected to create over 20,000 jobs. He invited Ludhiana’s industrialists to explore Madhya Pradesh as a new business destination, outlining its vast resources and progressive industrial policies.
He emphasized Madhya Pradesh’s rich mineral base—diamonds in Panna, iron in Shahdol, and newly found gold in Singrauli—offering enormous business potential. Urging investors to “make Madhya Pradesh their second home,” he assured full government support, from land, water, power, to skilled manpower.
CM Mohan Yadav drew a symbolic comparison between Punjab and Madhya Pradesh, calling them brothers—Punjab being the elder in agriculture, and Madhya Pradesh the younger in emerging development. He said both states can work in tandem for national growth.
He praised Prime Minister Narendra Modi’s leadership for India’s rise from the 15th position at independence to the fourth-largest economy today, and projected it to reach the third position soon. Referring to Punjab’s valorous heritage and Madhya Pradesh’s cleanliness capital Indore, he encouraged Punjab’s businesses to invest freely, assuring all possible state-level assistance.
CM Mohan Yadav called industrialization a noble cause, supporting countless livelihoods. Paying homage to Shaheed Bhagat Singh, he motivated entrepreneurs to expand and set up at least one unit in Madhya Pradesh. Highlighting the Global Investors Summit (GIS) held in Bhopal, he noted MP received commitments worth ₹30.77 lakh crore.
He also encouraged Punjab’s cycle makers to establish plants in Madhya Pradesh, as the state distributes cycles to students and relies heavily on Punjab’s supply. He outlined new incentives such as an additional ₹5,000 wage support in the textile sector.
Key One-on-One Meetings
CM Mohan Yadav also conducted detailed discussions with Punjab’s top industrialists, including representatives from Hero Cycles, SEL Group, Trident, TK Steel, IOL Chemicals, and others from sectors like textiles, food processing, ethanol, and chemicals. Issues discussed included logistics, agri-product access, and food park infrastructure.
He shared that the state government recently resolved large financial claims in favor of workers, and that policies could be revised even at the Cabinet level to facilitate investors.
Officials Highlight State’s Readiness for Industry
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ACS Neeraj Mandloi described Madhya Pradesh as the “Land of Opportunities” for Punjabi investors, offering logistics infrastructure rivaling Punjab’s.
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Principal Secretary Raghvendra Kumar Singh detailed industrial corridors, government-backed industrial parks, 1 lakh acres of land bank, and 18 new investor-centric policies. These include up to 40% assistance on machinery investments, construction of worker hostels, and an emphasis on eco-friendly industries.
He noted that MP holds 7% of India’s forests and is home to tigers, cheetahs, and gharials, blending economic potential with ecological richness.
Industrialist Endorsements
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Rajendra Gupta, Chairman of Trident, praised MP as a strategic base for global markets, announcing a ₹5 lakh crore investment including a new educational institute.
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Sanjeev Kalra, of Deepak Fasteners, highlighted his truck manufacturing unit in Pithampur and Indore’s 300-acre testing track. He described MP as a “ready-to-lead” state with visionary leadership.
CM Mohan Yadav concluded the event by lighting the ceremonial lamp and assuring investors of full cooperation, underscoring Madhya Pradesh’s commitment to becoming a key destination for industrial growth.